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Individual Credit Application - Washington 2025

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The document is an Individual Credit Application that collects personal and financial information from the applicant, including details about their employment, credit references, and nearest relative. It outlines the terms and conditions for extending credit, including payment terms, responsibilities in case of default, and requirements for examining invoices and shipments. The document emphasizes the importance of understanding the terms before signing.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How long does it take for your refund to be approved?

If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.

How long does it take to get the Washington working families tax credit?

It is possible that your WFTC refund will arrive before 90 days, but missing or incomplete information, mailing a paper application, and other factors can slow or even pause the processing time.

What disqualifies you from earned income credit?

If you received more than $11,600 in investment income or income from rentals, royalties, or stock and other asset sales during 2024, you cant qualify for the EIC. This amount increased from $11,000 in 2023. You have to be 25 or older but under 65 to qualify for the EIC.

How long does it take to get your Washington state tax refund?

While Washington doesnt have a state income tax, it does have an additional tax credit, the Working Families Tax Credit, for its residents who qualify for the EITC. Refunds for qualifying families are typically issued within 90 days, ing to the Washington State Department of Revenue.

When can I expect my refund with earned income credit?

By law, the IRS cannot issue EITC refunds before mid-February. The IRS expects most EITC refunds to be available in bank accounts or on debit cards by March 3 if you chose direct deposit and there are no other issues with the tax return. Errors on your return will delay your refund.

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How long does it take for child tax credits to be processed?

More In Credits Deductions If you claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), you can expect to get your refund by March 3 if: You file your return online. You choose to get your refund by direct deposit. We found no issues with your return.

How much is the Washington working families tax credit?

Eligibility for the WFTC is based on income and family size. The maximum credit amount for a single person is $325, with an increase of $315 for the first qualifying child and $325 children two and three, up to a maximum of $1,290 for a family with three or more children.

What is the income limit for the Earned Income Credit?

You may be eligible for a California Earned Income Tax Credit (CalEITC) up to $3,644 for tax year 2024 as a working family or individual earning up to $31,950 per year. You must claim the credit on the 2024 FTB 3514 form, California Earned Income Tax Credit, or if you e-file follow your softwares instructions.

Individual Credit Application - Washington 2025

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Got questions?

How long does it take for your refund to be approved?

How long does it take to get the Washington working families tax credit?

What disqualifies you from earned income credit?

How long does it take to get your Washington state tax refund?

When can I expect my refund with earned income credit?

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How long does it take for child tax credits to be processed?

How much is the Washington working families tax credit?

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